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Sure, you don't want to leave money on the table, but an 18% pop is pretty standard even for normal book building. Seems weird to call Google's Dutch auction a
by regulation_d 8y ago
Sure, you don't want to leave money on the table, but an 18% pop is pretty standard even for normal book building. Seems weird to call Google's Dutch auction a debacle when it had the same result as standard book building.